The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AETNA Inc. COM 00817y108 897 5,308 SH   SOLE   5,308 0 0
AFLAC Inc. COM 001055102 6,071 138,740 SH   SOLE   138,740 0 0
AGCO Corp COM 001084102 344 5,305 SH   SOLE   5,305 0 0
AT & T, Inc. New COM 00206r102 1,296 36,342 SH   SOLE   36,342 0 0
AbbVie, Inc. COM 00287y109 2,141 22,625 SH   SOLE   22,625 0 0
Abbott Laboratories COM 002824100 6,240 104,135 SH   SOLE   104,135 0 0
Adobe Systems Inc COM 00724F101 207 957 SH   SOLE   957 0 0
Alaska Air Group Inc. COM 011659109 617 9,965 SH   SOLE   9,965 0 0
Alliance One International COM 018772301 428 16,415 SH   SOLE   16,415 0 0
Alphabet, Inc Non-Voting Class COM 02079k107 222 215 SH   SOLE   215 0 0
Alphabet, Inc Voting Class COM 02079k305 667 643 SH   SOLE   643 0 0
Altria Group Inc. COM 02209s103 9,211 147,804 SH   SOLE   147,804 0 0
American Express Co. COM 025816109 876 9,393 SH   SOLE   9,393 0 0
American International Group COM 026874784 5,790 106,386 SH   SOLE   106,386 0 0
Ameriprise Financial Inc. COM 03076c106 417 2,818 SH   SOLE   2,818 0 0
Amgen Inc. COM 031162100 862 5,058 SH   SOLE   5,058 0 0
Anthem, Inc. COM 036752103 11,020 50,159 SH   SOLE   50,159 0 0
Apache Corp COM 037411105 272 7,065 SH   SOLE   7,065 0 0
Apple Computer Inc. COM 037833100 1,301 7,755 SH   SOLE   7,755 0 0
Automatic Data Processing COM 053015103 1,163 10,252 SH   SOLE   10,252 0 0
Bank of America Corp COM 060505104 10,147 338,347 SH   SOLE   338,347 0 0
Bank of New York Mellon Corp COM 064058100 14,481 281,029 SH   SOLE   281,029 0 0
Becton Dickinson & Co COM 075887109 5,445 25,125 SH   SOLE   25,125 0 0
Berkshire Hathaway Inc. Class COM 084670108 299 1 SH   SOLE   1 0 0
Berkshire Hathaway Inc. Class COM 084670702 4,554 22,830 SH   SOLE   22,830 0 0
Biogen Inc. COM 09062x103 7,729 28,225 SH   SOLE   28,225 0 0
Boeing Company COM 097023105 4,120 12,566 SH   SOLE   12,566 0 0
Bristol Myers Squibb Co. COM 110122108 468 7,393 SH   SOLE   7,393 0 0
CDK Global, Inc. COM 12508e101 269 4,240 SH   SOLE   4,240 0 0
CVS Health Corp. COM 126650100 4,331 69,614 SH   SOLE   69,614 0 0
Celanese Corp COM 150870103 3,024 30,175 SH   SOLE   30,175 0 0
Central Pacific Financial Co COM 154760409 2,971 104,397 SH   SOLE   104,397 0 0
CenturyLink Inc. COM 156700106 904 55,000 SH   SOLE   55,000 0 0
Cerner Corporation COM 156782104 5,557 95,805 SH   SOLE   95,805 0 0
Chevron Corp. COM 166764100 2,955 25,909 SH   SOLE   25,909 0 0
Cisco Sys Inc. COM 17275R102 1,848 43,078 SH   SOLE   43,078 0 0
Citigroup Inc. COM 172967424 5,314 78,720 SH   SOLE   78,720 0 0
Coca-Cola Company COM 191216100 5,760 132,633 SH   SOLE   132,633 0 0
Cognizant Technology Solutions COM 192446102 3,089 38,373 SH   SOLE   38,373 0 0
Comcast Corp Cl A COM 20030n101 3,834 112,201 SH   SOLE   112,201 0 0
Compass Minerals Intl. COM 20451n101 275 4,565 SH   SOLE   4,565 0 0
ConAgra Foods Inc. COM 205887102 1,510 40,950 SH   SOLE   40,950 0 0
ConocoPhillips COM 20825c104 1,962 33,090 SH   SOLE   33,090 0 0
Corning Inc COM 219350105 6,300 225,951 SH   SOLE   225,951 0 0
Costco Wholesale Corp COM 22160k105 1,842 9,776 SH   SOLE   9,776 0 0
Delta Airlines - New COM 247361702 749 13,670 SH   SOLE   13,670 0 0
Discovery Communications Serie COM 25470f104 4,533 211,515 SH   SOLE   211,515 0 0
DowDuPont Inc. COM 26078j100 11,031 173,142 SH   SOLE   173,142 0 0
Dr. Pepper Snapple Group COM 26138e109 7,710 65,133 SH   SOLE   65,133 0 0
Dunkin Brands Group, Inc. COM 265504100 292 4,900 SH   SOLE   4,900 0 0
Express Scripts Inc. COM 30219g108 5,860 84,834 SH   SOLE   84,834 0 0
Exxon Mobil Corp COM 30231G102 1,121 15,029 SH   SOLE   15,029 0 0
Fedex Corp COM 31428X106 1,321 5,500 SH   SOLE   5,500 0 0
Franklin Resources Inc. COM 354613101 4,976 143,473 SH   SOLE   143,473 0 0
GAMCO Investors Inc. COM 361438104 247 9,950 SH   SOLE   9,950 0 0
General Electric Co. COM 369604103 305 22,625 SH   SOLE   22,625 0 0
General Mills COM 370334104 298 6,616 SH   SOLE   6,616 0 0
General Motors Company COM 37045v100 1,270 34,949 SH   SOLE   34,949 0 0
Gilead Sciences Inc. COM 375558103 631 8,375 SH   SOLE   8,375 0 0
Granite Construction Inc. COM 387328107 207 3,700 SH   SOLE   3,700 0 0
H & R Block Inc. COM 093671105 3,237 127,402 SH   SOLE   127,402 0 0
HP Inc. COM 40434L105 322 14,676 SH   SOLE   14,676 0 0
Hewlett Packard Enterprise Co. COM 42824c109 264 15,046 SH   SOLE   15,046 0 0
Home Depot Inc. COM 437076102 4,978 27,926 SH   SOLE   27,926 0 0
Intel Corp. COM 458140100 1,600 30,714 SH   SOLE   30,714 0 0
Interpublic Group COM 460690100 243 10,538 SH   SOLE   10,538 0 0
IsoRay, Inc. COM 46489v104 6 14,218 SH   SOLE   14,218 0 0
J.M. Smucker Co. COM 832696405 1,572 12,675 SH   SOLE   12,675 0 0
Johnson & Johnson COM 478160104 12,819 100,030 SH   SOLE   100,030 0 0
Kelly Services,Inc. COM 488152208 201 6,928 SH   SOLE   6,928 0 0
Kroger Co. COM 501044101 9,591 400,613 SH   SOLE   400,613 0 0
Laboratory Corp. of America COM 50540r409 255 1,575 SH   SOLE   1,575 0 0
Lamb Weston Holdings COM 513272104 2,001 34,372 SH   SOLE   34,372 0 0
Legg Mason Inc. COM 524901105 829 20,395 SH   SOLE   20,395 0 0
Lincoln Educational COM 533535100 451 226,653 SH   SOLE   226,653 0 0
Lloyds TSB Group COM 539439109 160 43,000 SH   SOLE   43,000 0 0
Lowes Companies COM 548661107 3,196 36,420 SH   SOLE   36,420 0 0
Manitex Intl COM 563420108 2,297 200,981 SH   SOLE   200,981 0 0
ManpowerGroup Inc. COM 56418h100 616 5,350 SH   SOLE   5,350 0 0
Marsh & McLennan Co. COM 571748102 3,406 41,237 SH   SOLE   41,237 0 0
Mastercard Inc. COM 57636q104 10,350 59,090 SH   SOLE   59,090 0 0
McDonalds Corp COM 580135101 2,249 14,380 SH   SOLE   14,380 0 0
Merck & Co.Inc. New COM 58933y105 8,717 160,031 SH   SOLE   160,031 0 0
Microsoft Corp. COM 594918104 14,639 160,395 SH   SOLE   160,395 0 0
Molson Coors Brewing Co COM 60871r209 8,156 108,264 SH   SOLE   108,264 0 0
Mondelez International, Inc. COM 609207105 1,738 41,652 SH   SOLE   41,652 0 0
Monster Beverage Corp. COM 61174x109 2,020 35,300 SH   SOLE   35,300 0 0
Nike Inc Class B COM 654106103 1,083 16,300 SH   SOLE   16,300 0 0
Oracle Corp COM 68389X105 5,389 117,787 SH   SOLE   117,787 0 0
Paychex Inc. COM 704326107 2,826 45,885 SH   SOLE   45,885 0 0
Pepsico Inc. COM 713448108 13,024 119,324 SH   SOLE   119,324 0 0
Pfizer Inc. COM 717081103 2,778 78,280 SH   SOLE   78,280 0 0
Philip Morris International COM 718172109 20,553 206,766 SH   SOLE   206,766 0 0
Phillips 66 COM 718546104 1,652 17,226 SH   SOLE   17,226 0 0
Procter & Gamble Co. COM 742718109 3,287 41,458 SH   SOLE   41,458 0 0
Quest Diagnostics Inc. COM 74834L100 4,054 40,420 SH   SOLE   40,420 0 0
Raytheon Company COM 755111507 2,914 13,500 SH   SOLE   13,500 0 0
Sally Beauty Holdings Inc. COM 79546e104 1,257 76,409 SH   SOLE   76,409 0 0
Starbucks Corp COM 855244109 675 11,668 SH   SOLE   11,668 0 0
Tapestry Inc. COM 876030107 786 14,945 SH   SOLE   14,945 0 0
The Kraft Heinz Company COM 500754106 843 13,530 SH   SOLE   13,530 0 0
The Mosaic Company COM 61945c103 2,101 86,531 SH   SOLE   86,531 0 0
The Travelers Companies Inc. COM 89417e109 10,153 73,120 SH   SOLE   73,120 0 0
Twenty-First Century Fox Cl A COM 90130a101 2,650 72,223 SH   SOLE   72,223 0 0
US Bancorp Delaware New COM 902973304 589 11,660 SH   SOLE   11,660 0 0
Union Pacific Corp COM 907818108 1,520 11,309 SH   SOLE   11,309 0 0
United Parcel Service Inc. COM 911312106 2,742 26,196 SH   SOLE   26,196 0 0
UnitedHealth Group Inc. COM 91324p102 20,035 93,619 SH   SOLE   93,619 0 0
Unum Group COM 91529y106 3,641 76,484 SH   SOLE   76,484 0 0
Valero Energy Corp. COM 91913y100 6,083 65,576 SH   SOLE   65,576 0 0
Verizon Communications COM 92343V104 1,985 41,509 SH   SOLE   41,509 0 0
Viacom Inc. Class B COM 92553p201 870 27,995 SH   SOLE   27,995 0 0
Visa, Inc. COM 92826c839 5,291 44,228 SH   SOLE   44,228 0 0
Waddell & Reed Financial COM 930059100 592 29,283 SH   SOLE   29,283 0 0
Wal Mart Stores COM 931142103 5,551 62,392 SH   SOLE   62,392 0 0
Walt Disney Holding Co. COM 254687106 955 9,507 SH   SOLE   9,507 0 0
Washington Federal COM 938824109 1,709 49,400 SH   SOLE   49,400 0 0
Waste Management Inc. Del COM 94106L109 442 5,257 SH   SOLE   5,257 0 0
Weight Watchers Intl. Inc. COM 948626106 1,362 21,370 SH   SOLE   21,370 0 0
Wells Fargo & Co. COM 949746101 1,575 30,060 SH   SOLE   30,060 0 0
Western Union Company COM 959802109 1,441 74,933 SH   SOLE   74,933 0 0
Weyerhaeuser Co. COM 962166104 445 12,712 SH   SOLE   12,712 0 0
Willbros Group, Inc COM 969203108 6 11,655 SH   SOLE   11,655 0 0
Yum! Brands, Inc. COM 988498101 1,135 13,337 SH   SOLE   13,337 0 0
Zimmer Biomet Holdings COM 98956p102 9,483 86,969 SH   SOLE   86,969 0 0
Alkermes PLC FOR g01767105 1,545 26,651 SH   SOLE   26,651 0 0
Allegion PLC FOR g0176j109 313 3,670 SH   SOLE   3,670 0 0
Allergan PLC FOR g0177j108 1,720 10,220 SH   SOLE   10,220 0 0
America Movil ADR FOR 02364W105 7,287 381,719 SH   SOLE   381,719 0 0
Arcos Dorados Hldgs. FOR g0457f107 1,310 143,185 SH   SOLE   143,185 0 0
BP p.l.c. FOR 055622104 8,782 216,614 SH   SOLE   216,614 0 0
British American Tobacco FOR 110448107 2,401 41,615 SH   SOLE   41,615 0 0
Colliers International Group FOR 194693107 497 7,160 SH   SOLE   7,160 0 0
Credit Suisse Group ADR FOR 225401108 3,668 218,493 SH   SOLE   218,493 0 0
Diageo PLC ADR FOR 25243q205 2,454 18,124 SH   SOLE   18,124 0 0
FirstService Corp Voting Share FOR 33767e103 542 7,410 SH   SOLE   7,410 0 0
Glaxo SmithKline PLC FOR 37733W105 3,265 83,572 SH   SOLE   83,572 0 0
Ingersoll Rand Co FOR g47791101 900 10,525 SH   SOLE   10,525 0 0
LyondellBasell Industries N.V. FOR n53745100 7,704 72,896 SH   SOLE   72,896 0 0
Medtronic PLC FOR g5960L103 12,935 161,248 SH   SOLE   161,248 0 0
Nokia Corp Sponsored ADR FOR 654902204 72 13,117 SH   SOLE   13,117 0 0
Royal Dutch Shell PLC A FOR 780259206 1,185 18,578 SH   SOLE   18,578 0 0
SK Telecom ADR FOR 78440p108 230 9,533 SH   SOLE   9,533 0 0
Shire PLC FOR 82481r106 255 1,705 SH   SOLE   1,705 0 0
Taiwan Semiconductor Manufactu FOR 874039100 240 5,487 SH   SOLE   5,487 0 0
Telefonica S.A. ADR FOR 879382208 4,402 446,004 SH   SOLE   446,004 0 0
Textainer Group Holdings Limit FOR g8766e109 1,522 89,800 SH   SOLE   89,800 0 0
Toyota Motor Corp ADR FOR 892331307 224 1,720 SH   SOLE   1,720 0 0
Unilever NV New York Shs FOR 904784709 6,415 113,753 SH   SOLE   113,753 0 0
Yum China Holdings, Inc. FOR 98850p109 558 13,437 SH   SOLE   13,437 0 0